Comprehensive deal beats a partial deal is where the president was going. Down necessarily mean a partial deal is in the offing but at corner of wall and broad they think one is. As i told you many, many times, trade talks, whether they look promising or not indicate the direction of stocks. Better for trade, better for stocks. Worst for trade, worst for stocks. The ministers gather in washington this week to hammer out some sort of an accord or at least a preview of one. Lets not get ahead of our proverbial skis. There are issues weighing on the markets, sped up impeachment battle. The president is handing over his tax returns. There is a appeal in place to prevent that from happening by the one p. M. Deadline. Blake burman from the white house following all of this. On the trade front, if this is true it, would represent a big change in administration policy, right . Reporter as you said, lets not get ahead of our skis here. That is a good way to put it because remember when all of t
To team and social norms and inform them of old dead basic rights my name is dave out of the home and a war z. To. Get a bit. Further escalation in the us china trade war has been followed by both governments doubling down but its consumers who will likely pay the price. Also on the show longer than prospectors are combing through for those rain forests indigenous fijians top looked and protect their land. This is the w. Business im on in berlin welcome china has once again filed a complaint with the world. Trade organization against the United States its a 3rd following a further escalation in the trade war between the worlds top 2 economy the Chinese Ministry of commerce said in a statement that washingtons latest tariff actions violated the trade truce reached by both governments in june on the sidelines of the g 20 summit and the stock. But how did that as collation look like in case youre losing track heres a refresher this weekend the United States imposed levies on an additional
Hour of trade, barry knapp back. Certainly the tone feels better. Do you think its fundamental with the trade tensions or some month end rebalancing stuff . I suspect theres a bit of month end rebalancing going on i think its too early to tell whether the Macro Economic fallout from the latest negative Business Confidence shock has what degree of effect its had next weeks ism on tuesday, payrolls on friday, will be much more important bempl marks to see whether were over the hump sort to speak on this i tend to be cautious and not chase the move today. On the big stories that we are watching today, kayla has the story. Josh lipton is tracking tariff concerns for apple kayla . The hope began when chinese officials said there was some Effective Communication of the two countries and it continued this morning when President Trump said in a radio interview theres a conversation scheduled today. I have talked scheduled theres a talk scheduled for today at a different level and yeah, they ha
Business im going on in berlin welcome china has once again filed a complaint with the World Trade Organization against the United States its a 3rd following a further escalation in the trade war between the worlds top 2 economy the Chinese Ministry of commerce said in a statement that washingtons latest tariff actions violated the trade truce reached by both governments in june on the sidelines of the g 20 summit in the socket. But how did that as collation look like in case are losing track heres a refresher this weekend the United States imposed levies on an additional 112000000000. 00 of chinese exports while beijing is countering with tariffs on 75000000000. 00 in u. S. Goods smart speakers headphones and shoes are among the chinese products to be made more expensive by u. S. Terrorist. Meanwhile will hit you ask who toil with a 5 percent tariff its the 1st time oil has been targeted in this dispute and this isnt the end of the u. S. Plans to raise existing tariffs on 250 10000000
Germany down 1 . German Business Sentiment hits an eightyear low. And then watch our own 30 year falls below 210 overnight and everyone is going to be watching todays close. Lets get straight to the market, futures lower ahead of this mornings open, following a sharp selloff in the second consecutive monday Global Economic worries, falling yields continue to weigh on investor sentiment, driving toward safe haven. Gold now, the highest price in more than six years. The president tweeting a few moments ago through massive devaluation of their currency and pumping vast sums of money into their system, the tens of billions of dollars the u. S. Is receiving is a gift from china prices not up, no inflation, farmers getting more than china would be spending, fake news wont report what we will report that that core cpi 22 is the 17th month of plus 2 . There is a level of inflation in our country, but there is also, i think that when you see it, some of it is tariff but if youre a central banke